Monarch Financial Holdings, Inc. is a bank holding company is engaged in commercial and retail banking, investment and insurance sales, and mortgage origination and brokerage. The Company conducts its operations through its wholly owned subsidiary, Monarch Bank, and its two wholly owned subsidiaries, Monarch Investment, LLC and Monarch Capital, LLC. The Bank operates nine banking offices, six residential mortgage offices and one investment services office in the cities of Chesapeake, Norfolk, Suffolk and Virginia Beach, Virginia. It has two full-service banking offices operating under the name OBX Bank and a residential mortgage office operating under the name of OBX Bank Mortgage in the Outer Banks region of Northeastern North Carolina in the towns of Kitty Hawk and Nags Head. It also operates 21 additional residential mortgage offices outside of its primary market areas.